<
https://cleantechnica.com/2023/05/16/wuling-hongguang-mini-ev-now-available-for-just-2838-plus-28-month-for-the-battery-plan/>
"The SAIC-GM-Wuling joint venture has recently launched a monthly battery
payment plan for the blockbuster Wuling Hongguang Mini EV. After selling over 1
million units of the Wuling Hongguang Mini in less than 3 years and helping to
create a new and exciting market for mini electric vehicles, the JV has now
introduced a new monthly battery payment plan for several models of the Wuling
Hongguang Mini. The new plan allows for customers to buy the Wuling Hongguang
Mini EV starting at just $2,838, and then pay $28 per month for the battery for
5 years for the entry level mini EV.
It looks like after the 5 years, the consumers will then own the battery. The
battery is not removable or swappable. This is just a clever way of lowering
the barriers to entry for consumers. Before the new battery plan, the entry
level Wuling Hongguang Mini EV was starting from around $4,800.
This plan actually brings the upfront payment for the Wuling Hongguang Mini in
line with some of the Low Speed Electric Vehicles (LSEV) that helped provide
access to affordable transportation for millions of people in China. Now one
can get a much better vehicle for a similar upfront price. There are now a
plethora of mini EV models consumers can choose from in China. The new battery
plan could also be part of initiatives to keep the Wuling Hongguang Mini ahead
of the pack in a very competitive market."
Via
Future Crunch:
<
https://futurecrunch.com/good-news-trachoma-benin-mali-deforestation-brazil-seine-paris/>
Cheers,
*** Xanni ***
